Does Counselor Realty require franchisees to obtain consent for their office site?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
ve:
- A. Counselor estimates that you will need at least 800, but not more than 6,000, square feet of commercial space to operate your Business, depending on the number of agents you wish to employ. If you do not already own or lease the required space, you are responsible for locating and acquiring the space for your Office (subject to Counselor's consent to the site). The cost to purchase or lease real estate varies widely between locations. If you purchase your Office space, your cost will depend on the size and location of the space and the type of improvements you choose to make. If you lease Office space, we estimate that your cost (including improvements) could range from $10 per square foot per year to $35 per square foot per year or more. You are responsible at your cost for all zoning and land use permitting requireme
Source: Item 7 — INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, franchisees are responsible for locating and acquiring a site for their office, but this site is subject to Counselor Realty's consent. The document estimates that a franchisee will need between 800 and 6,000 square feet of commercial space, depending on the number of agents the franchisee plans to employ.
The cost to purchase or lease this space can vary significantly depending on location. If a franchisee chooses to lease, the estimated cost, including improvements, could range from $10 to $35 or more per square foot per year. The franchisee is also responsible for all zoning and land use permitting requirements.
This consent requirement means that prospective Counselor Realty franchisees cannot finalize a lease or purchase agreement without the franchisor's approval. This protects Counselor Realty's brand image and ensures that each location meets their standards. It is important for prospective franchisees to understand these location requirements and approval processes before making any financial commitments.